Burberry Group (LON:BRBY) Insider Orna NiChionna Acquires 1,208 Shares

Burberry Group plc (LON:BRBY) insider Orna NiChionna bought 1,208 shares of Burberry Group stock in a transaction on Friday, September 5th. The shares were acquired at an average price of GBX 1,234 per share, for a total transaction of £14,906.72.

Burberry Group Price Performance

Burberry Group stock opened at GBX 1,272 on Tuesday. The firm has a market cap of £4.57 billion, a PE ratio of -6,086.12, a price-to-earnings-growth ratio of 1.66 and a beta of 1.06. Burberry Group plc has a 52-week low of GBX 555.61 and a 52-week high of GBX 1,375. The company has a quick ratio of 1.63, a current ratio of 1.66 and a debt-to-equity ratio of 136.53. The company’s 50 day moving average is GBX 1,246.32 and its two-hundred day moving average is GBX 1,020.81.

Wall Street Analyst Weigh In

A number of research firms have issued reports on BRBY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 1,000 target price on shares of Burberry Group in a report on Monday, July 21st. HSBC reiterated a “buy” rating and set a GBX 1,600 target price on shares of Burberry Group in a report on Tuesday, September 2nd. Finally, Citigroup raised their price objective on shares of Burberry Group from GBX 1,250 to GBX 1,600 and gave the company a “buy” rating in a report on Monday, July 28th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Burberry Group has a consensus rating of “Moderate Buy” and an average price target of GBX 1,350.

Burberry Group Company Profile

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.